Thursday, February 4, 2016

How Pronounced Is The Gender Pay Gap In Developed Nations?



There is still a considerable disparity in what men and women earn across the developed world. Research by the OECD has shown just how pronounced the gender pay gap GPS -4.35% really is. Defined as the difference between male and female earnings as a percentage of male earnings, the gender pay gap is most pronounced in two developed countries in Asia – South Korea and Japan.

An average male working full time in South Korea will outearn his female counterparts to the tune of nearly 37 percent. The gap between the sexes is also wide in Japan, just under 27 percent. The United States still has a considerable amount of work to do to restore financial parity between men and women and reduce its 18 percent pay gap. Men still outearn women in New Zealand, according to the OECD, but only by 5.6 percent.

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